What Is Biological Oxygen Demand (BOD)

question 15

Multiple Choice

What is biological oxygen demand (BOD) ?

• A)A measure of the amount of dissolved oxygen microorganisms use up as they decompose organic wastes found in water
• B)A measure of the amount of dissolved oxygen necessary to purify wastewater
• C)A measure of the phosphate ion concentration of water
• D)A measure of nitrate ion concentration of water

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Definitions:

Cost-Plus Pricing

A pricing strategy where a fixed percentage is added to the production cost to determine the selling price of a product or service.

Markup Percentage

A markup percentage is the amount added to the cost price of goods to cover overhead and profit.

Break Even

Break-even is the point at which total cost and total revenue are equal, meaning there is no net loss or gain, and it's a critical measure of financial feasibility for businesses.

Contact Efficiency

The effectiveness of a business's or marketer's interactions with potential and existing customers, focusing on optimizing time and resources to achieve desired outcomes.